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September 27, 2013 |

J.C. Penney Sells $932 Million Of Shares Amid Turnaround

Less than a day after J.C. Penney said it was "pleased" with its turnaround, the department-store chain announced a share offering to raise as much as $932 million and lowered its year-end liquidity forecast.
3 minute read
March 30, 2012 |

Daily Decision Service Alert: Vol. 21, No. 63 - March 30, 2012

Daily decision alert.
7 minute read
April 06, 2012 |

Unapproved Opinions

Opinions not approved for publication.
56 minute read
August 13, 2012 |

Sales slide sounds warning bells for J.C. Penney

J.C. Penney Co. reported a bigger-than-expected loss and plummeting sales during the second quarter, as its customers remain confused by the new pricing strategy that ditched hundreds of sales in favor of everyday lower prices.
3 minute read
August 14, 2013 |

The GC's Role When Board Members Go Rogue

While it is rare for a member of a company's board of directors to go rogue—as J.C. Penney Co. Inc.'s just-resigned William Ackman did—it does happen. Companies—and their general counsel—need to plan for it as they do any other crisis management moment.
3 minute read
Law Journal Press | Digital Book Representing High-Tech Companies Authors: Gary M. Lawrence, Carl Baranowski View this Book

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September 05, 2013 |

Report: J.C. Penney Dumps Martha Stewart

J.C. Penney is reportedly dumping the Martha Stewart brand, after sales of the home maven's goods didn't live up to expectations.
1 minute read
March 05, 2013 |

J.C. Penney falls to three-year low as shareholder said to cut stake

J.C. Penney Co. slid to a three-year low after Vornado Realty Trust, its second-biggest shareholder, sold almost half of its stake in the struggling department-store chain.
2 minute read
February 21, 2013 |

J.C. Penney wanted Martha Stewart to break Macy's contract

J.C. Penney Co. tried to persuade Martha Stewart Living Omnimedia Inc. to break its contract with Macy's Inc., an attorney for the second-largest U.S. department-store chain told a judge.
2 minute read
April 15, 2013 |

J.C. Penney draws $850M from revolving credit line

J.C. Penney Co. said it has drawn $850 million from its $1.85 billion revolving credit line, a sign that the flailing department store chain is in a cash crunch after a disastrous turnaround plan launched early last year.
3 minute read
March 12, 2013 |

J.C. Penney says CEO doesn't plan to step down

J.C. Penney Co., the department-store chain that last month posted the lowest annual sales in more than two decades, said speculation that chief executive officer Ron Johnson plans to leave the company is wrong.
1 minute read

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